Buy, Sell or Rent – Licensed in the State of Texas #0573826

Text/Call 512-695-0717

FINANCING

No more tax credit? No problem.
Rates are at historic lows and when these rates move from 4.5% to 6%, the average family in Austin is going to be losing over $40,000 in buying power. This is 5 times more significant than the tax credit!
Here’s an example of a home for $149,000 with 3.5% down.
30 Year Fixed (3.5% Down)
Purchase Price $149,000.00
Down Payment $5,546.50
Loan Amount $144,653.50
Interest Rate 4.5% (5.563% APR)
Points 0.000
Prepaids $1,848.00
Closing Costs $2,859.00
Monthly P&I (or Interest Only) $732.94
Monthly Taxes $242.75
Monthly Insurance $62.50
Monthly Condo/Assoc. Fees $14.33
Monthly MI 163.94
Total Monthly  Payment $1,216.46
Conventional Loans
FHA Loans

 

Jumbo Loans/Portfolio Loans

Jumbo loan amounts up to $650,000 Loan Amount ($722,000 Max Sale Price) requires 10% down.

Example:
1st lien $417,000 @ 4.625% 30 years
2nd lien $233,000 @ 5% 15 years (UFCU Second)

Non-Portfolio Loans

Non Portfolio Super Jumbos $651,000 – $2,000,000 requires 20% down.

Special programs available for Physicians and Dentists with:
0% down to $417,000 no M.I.
5% down to $650,000 no M.I.
10% down up to 1.5 Million no M.I.

Construction Loans and Renovation Loans
Is your property eligible for USDA loan?


Payment Calculator

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